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Dec 28, 2012
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senate majority leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left before the first of the year, aren't here. >> we're now told the house will finally return to work on sunday. now, that's december 30th. in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a
senate majority leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left before the first of the year, aren't here. >> we're now told the house will finally return to work on sunday. now, that's december 30th. in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation...
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Dec 5, 2012
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the republicans and democrats alike designed the fiscal cliff. it's a series of bipartisan compromises and i think it's kind of foolish to think that this group of congressmen and senators is going to come up with a way out of something they themselves designed. >> rich, you worked for a republican speaker who went up against a democratic president over the spending issues. back then the face-off didn't turn out all that well for your party. obviously very different era. do you agree with eric's take? is the right strategy for republicans to stick to their guns, forget about compromise? >> no. i really don't -- eric is one of my favorite people. we talk a lot. but i think that, and i did work for the speaker gingrich during the shut-down fight in '96, and it did not work out well for republicans. the president has a much bigger bully pulpit than the speaker does. newt gingrich's bully pulpit was pretty big back in those days but at some point, republicans in the house -- and i think boehner is trying to look for ways to do this, speaker boehner,
the republicans and democrats alike designed the fiscal cliff. it's a series of bipartisan compromises and i think it's kind of foolish to think that this group of congressmen and senators is going to come up with a way out of something they themselves designed. >> rich, you worked for a republican speaker who went up against a democratic president over the spending issues. back then the face-off didn't turn out all that well for your party. obviously very different era. do you agree with...
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Dec 30, 2012
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we haven't heard much about whether a deal to avoid the fiscal cliff is in the works or out of the question. in what passes for a sign of hope, senate staff members spent saturday shuttling papers presumably containing proposals between harry reid and mitch mcconnell's offices. both the senate and house are meeting today. joins me touk at that about where things stand is darrell issa of california and done nan edwards and michigan senator debbie sab snow and jon ba wrasse o from wyoming. what's up? what is happening that you can tell us about? >> well, there's a lot of work going on right now on both sides of the aisle in the senate to come to an aagreement. to me there's take basic principle, and if everybody agrees we can go forward. that is, don't hold middle class families hostage to the debate about whether or not the wealthiest americans should get another tax cut. i would argue we can't afford it as a country, but the question is, are we going to allow middle class families to see their taxes go up while we have this debate? if we can agree we will continue tax cuts for the middle cl
we haven't heard much about whether a deal to avoid the fiscal cliff is in the works or out of the question. in what passes for a sign of hope, senate staff members spent saturday shuttling papers presumably containing proposals between harry reid and mitch mcconnell's offices. both the senate and house are meeting today. joins me touk at that about where things stand is darrell issa of california and done nan edwards and michigan senator debbie sab snow and jon ba wrasse o from wyoming. what's...
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Nov 29, 2012
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we have leading senators like senator durbin who has the courage to deal with these issues. he was on the simpson-bowles committee who said that we can't deal with those now in the dealing with the fiscal cliff, we need to put that off into the future. my experience is what you put off to the future never happen here. >> i hope we can get a deal. >>> me too. >>> great to see both of you. john let me start with you. cornyn is pessimistic, but the markets are up today, despite the glum faces we have seen. cornyn has said he's pessimistic, is he willing realistic or do you think we're going to get a deal? >> i think he's being a strategic scrooge. he's saying we need a balanced plan, but the president's not dealing with entitlealment reform and cuts. to give a balanced plan, republicans have to cut taxes. >> he said i put revenue on the table. but he wouldn't talk about the rates. >> also when asked about these specific entitlement reforms, he didn't talk about those either. we need to see some substance behind that. >> did you hear level ground where that can be forged? i don'
we have leading senators like senator durbin who has the courage to deal with these issues. he was on the simpson-bowles committee who said that we can't deal with those now in the dealing with the fiscal cliff, we need to put that off into the future. my experience is what you put off to the future never happen here. >> i hope we can get a deal. >>> me too. >>> great to see both of you. john let me start with you. cornyn is pessimistic, but the markets are up today,...
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Oct 3, 2012
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so while we have senators barely starting to talk about talking about the fiscal cliff, we're going to have concrete evidence that, you know, businesses are wary of hiring. >> don't make any plans for friday. i've got you slotted for the entire show on the jobs. thank you. good to see you. even if it is through the tv lens, it is nice to have you. >>> we say hello to this. i'm reminding you again, debate night in america. it is a fantastic opportunity to figure out where your choice will fall. it is issues, folks. the first presidential debate tonight live 7:00 eastern on cnn and cnn.com. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vangu
so while we have senators barely starting to talk about talking about the fiscal cliff, we're going to have concrete evidence that, you know, businesses are wary of hiring. >> don't make any plans for friday. i've got you slotted for the entire show on the jobs. thank you. good to see you. even if it is through the tv lens, it is nice to have you. >>> we say hello to this. i'm reminding you again, debate night in america. it is a fantastic opportunity to figure out where your...
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Dec 27, 2012
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with six days before we go off the fiscal cliff. president is flying back to washington tonight unconcern what kind of deal making possibles he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of digging tonight for cnn's dana bash. i know we don't have any decisions out of the call but do question have a sense what republicans are telling speaker boehner? how likely are we to see a vote in time to avoid going of the cliff? >> it is in part the reason why house republicans didn't make a decision to bring the house back or when to do it. the ball is in the senate's courts especially with senate democrats. that has changed big time since a few weeks ago. at this point what they are trying to figure out is whether or not they can find enough republicans to cross party lines for what the president proposed right before he left for hawaii which is a scaled-back bill focusing on tax cuts and on what he cam
with six days before we go off the fiscal cliff. president is flying back to washington tonight unconcern what kind of deal making possibles he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of digging tonight for cnn's dana bash. i know we don't have any decisions out of the call but do question have a sense what republicans are telling speaker boehner? how...
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Dec 30, 2012
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to work out and vote on a deal to avoid the fiscal cliff. in his first sunday talk show appearance in three years, president obama today called for congress to at least extend middle class tax cuts and unemployment benefits if no fiscal deal is reached. tax hike increase take effect january 1st. >>> the situation in the war-torn country is getting worse by the day. this weekend is proving him right. opposition activists say at least 397 people were killed across syria yesterday alone. if true, the deadliest day yet in almost two years in the civil war. the opizatiposition says more t 200 killed following a battle. >>> new england is getting a heavy dose of snow and freezing temperatures. boston is expected to get up to eight inches and the city's mayor has declared a snow emergency. neighboring rhode island is also getting pounded over a foot of snow has already fallen in some parts of that state. >>> some good news this morning about former president george h.w. bush. we're told he is improving and has been moved out of the intensive care u
to work out and vote on a deal to avoid the fiscal cliff. in his first sunday talk show appearance in three years, president obama today called for congress to at least extend middle class tax cuts and unemployment benefits if no fiscal deal is reached. tax hike increase take effect january 1st. >>> the situation in the war-torn country is getting worse by the day. this weekend is proving him right. opposition activists say at least 397 people were killed across syria yesterday alone....
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Dec 24, 2012
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cliff deadline on december 31st. retiring senator joe lieberman puts the potential failure in historic perspective. >> i feel it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal, consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new programs. he gets to cut the military, which democrats have been calling for for years, and he gets to blame republicans for it. >> so, hey, merry christmas. our white house correspondent brianna keilar is traveling with the president in honolulu. brianna, are the white house and republicans even talking? >> reporter: no. they're not, carol. there's no substantive discussions going on between the white house and senate democrats and senate republicans and house re
cliff deadline on december 31st. retiring senator joe lieberman puts the potential failure in historic perspective. >> i feel it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal, consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory...
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Dec 28, 2012
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cliff, then it is very likely, almost definite, that we will go over the cliff. i have to tell you that sources in both parties think that's the likelihood at this point anyway, but this meeting tomorrow is absolutely going to be crucial. and what the senate republican leader mitch mcconnell who you just heard from there, what he's saying he hopes to get from the president is a more details explanation of what he has been saying publicly, which is that he thinks he just wants the senate to pass the stop gap measure to keep tax cuts where they are for 98% of americans, which he campaigned on over and over again in the last election, in the hopes that enough republicans will come onboard and then this could possibly get through the house. >> jessica, is there cause then for optimism or is this meeting really just for show? >> well, as dana pointed out, at this meeting, they could work out the details of this scaled down proposal, which could be a final agreement. for example, republicans have been calling for these details, and the kind of thing they would like to
cliff, then it is very likely, almost definite, that we will go over the cliff. i have to tell you that sources in both parties think that's the likelihood at this point anyway, but this meeting tomorrow is absolutely going to be crucial. and what the senate republican leader mitch mcconnell who you just heard from there, what he's saying he hopes to get from the president is a more details explanation of what he has been saying publicly, which is that he thinks he just wants the senate to pass...
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we talked about legalizing marijuana and the fiscal cliff and partisan gridlock. a senator that worked across the political divide says so long. joe lieberman gives his farewell speech from the senate floor live this hour. the democrat turned independent look back on almost 24 years in the senate. >>> up first on the terror that happened in an oregon mall that was packed with shoppers. it left three dead including the gunman. a news conference scheduled to guinea minute now. we'll bring it to you live. police evacuated the terrified shoppers from thele mall after a man opened fire. witnesses say he fired at least 20 shots as he worked across the mall. we talked with a macy's employee who actually saw this gunman. >> i was like, oh, my gosh. at that point i was kind of -- i was in such shock where i stood there, and then as i stood there in shock, time slowed down and everything got slow. after that all i heard was i am the shooter, and then shots rang out. five, six shots. by that time i hit the floor and ran out and started to tell everyone and anyone i saw, ther
we talked about legalizing marijuana and the fiscal cliff and partisan gridlock. a senator that worked across the political divide says so long. joe lieberman gives his farewell speech from the senate floor live this hour. the democrat turned independent look back on almost 24 years in the senate. >>> up first on the terror that happened in an oregon mall that was packed with shoppers. it left three dead including the gunman. a news conference scheduled to guinea minute now. we'll...
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Dec 27, 2012
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met and didn't talk about the fiscal cliff. that's crazy to me. did you say, what did you talk about? >> reporter: well, ted barrett was down there. i was not there. they said they talked about other senate business. as i said to you earlier, it sort of defies logic, but reid is also insisting that he went over there to talk about other things. you know, it's head skraecratch. >> yes, it is. i imagine we'll see you tomorrow. thanks so much, dana. >> thanks, candy. >>> another possible blow to the american economy could be in a matter of days. dock workers are threatening a strike that would shut down sea ports from massachusetts to texas. billions of dollars of imports to this country would be affected and corporate america is worried. our brian today is at the port of baltimore, where a strike would hit hard. brian, what kind of economic impact would this strike have overall? >> a massive impact, candy. the ports like the one behind me and the dock workers who off-load the containers, they are responsible for getting our cloth
met and didn't talk about the fiscal cliff. that's crazy to me. did you say, what did you talk about? >> reporter: well, ted barrett was down there. i was not there. they said they talked about other senate business. as i said to you earlier, it sort of defies logic, but reid is also insisting that he went over there to talk about other things. you know, it's head skraecratch. >> yes, it is. i imagine we'll see you tomorrow. thanks so much, dana. >> thanks, candy. >>>...
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Nov 27, 2012
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. >> you know, we did just get an update from the white house on the fiscal cliff negotiations. just take a listen to this, if you would. >> the president spoke with the speaker of the house as well as the senate majority leader over the weekend. he will continue to have discussions with those two leaders as well as leader pelosi and senator mcconnell in the days and weeks coming forward. i don't have a schedule for those conversations to provide to you, but he will speak with them and meet with them as appropriate. >> senator, all this talking, will you tell us, tell americans if you're in the loop, if you are privy, tell us who is talking to who in these fiscal cliff negotiations and where are the talks happening? >> you know, i'm not included in those talks. i've been talking with the folks in my state in kentucky, though, and they're not interested in raising taxes, they think it is a bad idea for the economy. the only way to have a stimulus to the private sector is to leave more money in the private sector. the other thing that folks in kentucky don't understand is that why
. >> you know, we did just get an update from the white house on the fiscal cliff negotiations. just take a listen to this, if you would. >> the president spoke with the speaker of the house as well as the senate majority leader over the weekend. he will continue to have discussions with those two leaders as well as leader pelosi and senator mcconnell in the days and weeks coming forward. i don't have a schedule for those conversations to provide to you, but he will speak with them...
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Dec 26, 2012
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an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, senate democratic leaders is trying to figure out if the president's scaled back bill can pass congress at the 11th hour. >> there is absolutely no reason, none, not to protect these americans from a tax hike. at the very least, let's agree right now on what we already agree on. let's get that done. >> reporter: but to get that done, democrats first would likely need nearly ten senate republicans to cross party lines and vote to effectively increase taxes on the top 2% of americans. some conservatives be grudgingly now say they're willing to do that. >> if we get done to twn to thed that's the only choice, i would support that. but i wish we would have a comprehensive bill that dealt with spending you can entitlements and taxes and you would together. >> reporter: the senate returns to work thursday, but democratic sources say their best realistic chance of getting gop votes is when the pressure will really be on, at or close to december 31st. the last day before ever
an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, senate democratic leaders is trying to figure out if the president's scaled back bill can pass congress at the 11th hour. >> there is absolutely no reason, none, not to protect these americans from a tax hike. at the very least, let's agree right now on what we already agree on. let's get that done. >> reporter: but to get that done, democrats first would likely...
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Nov 12, 2012
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. >>> we're going to be hearing more and more about the so-called fiscal cliff in the days ahead. congress has until january 1st to reach a deal and avoid $7 trillion in tax hikes, hikes and spending cuts that would kick in over the next decade. former republican senator alan simpson of wyoming knows a lot about our nation's debt troubles. he's the simpson in the simpson/bowles debt reduction program we hear so much about. good to see you, sir. 50 days -- >> thank you very much, you bet. >> 50 days until the deadline. are you confident that this congress will avoid the fiscal cliff at all costs or would they allow us to go over the cliff? >> i'm not confident at all because right now you have the leaders of both parties saying some revenue -- something rather settle that maybe wouldn't be bad for their party if it went over the cliff. think they have their own definition of what would be good and the republicans say that and the democrats say that. that's absurd to me, but they're actually talking that way. and as erskine bowles says, that's like betting your country. how can you
. >>> we're going to be hearing more and more about the so-called fiscal cliff in the days ahead. congress has until january 1st to reach a deal and avoid $7 trillion in tax hikes, hikes and spending cuts that would kick in over the next decade. former republican senator alan simpson of wyoming knows a lot about our nation's debt troubles. he's the simpson in the simpson/bowles debt reduction program we hear so much about. good to see you, sir. 50 days -- >> thank you very much,...
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Nov 7, 2012
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and what the house is going to do to get this fiscal cliff fixed, to overuse the word. it is huge, huge spending cuts. saul at once with huge, huge tax increases. every family would see their taxes increase $3,500. it would mean a recession. everyone wants to avoid that. >> it's status quo everywhere, in the house, senate and in the white house. does that not provide any confidence for investors? >> they need to talk about real debt reduction and spending reduction. they still have this big problem of spending more than we bring in, right? you can fix in the short term your huge deficits to a degree by going over the fiscal cliff but at what cost? i don't think any politician wants that on their head, especially if they're running for re-election. >> keeping her very close to me. we're minutes away with, moments away, to remind you, from the opening bell. we'll have right after the break. everyone has goals. take the steps to reach yours, with us with real advice, for real goals. the us bank wealth management advisor can help you. every step of the way. from big steps,
and what the house is going to do to get this fiscal cliff fixed, to overuse the word. it is huge, huge spending cuts. saul at once with huge, huge tax increases. every family would see their taxes increase $3,500. it would mean a recession. everyone wants to avoid that. >> it's status quo everywhere, in the house, senate and in the white house. does that not provide any confidence for investors? >> they need to talk about real debt reduction and spending reduction. they still have...
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Nov 9, 2012
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about this fiscal cliff and compromise. allison kosik, thank you. i'm going to send things up to wolf blitzer. situation room begins right now. >>> plus, remarkable video of a very rare moment. president obama gets emotional to the point of wiping away tear the. we want to welcome our viewers around the united states and the world. i'm wolf blitzer and you're in "the situation room". >>> it is important breaking news this hour. the shocking resignation of the cia director germ david petraeus, stepping down because of an extramarital affair. here's part of the message he sent to employees this afternoon. after being married for over 37 years, i showed extremely poor judgment by engaging in an extramarital affair. such behavior is unacceptable, both as a husband and as the leader of an organization such as ours. this afternoon, the president graciously accepted my resignation. let's get right to our cnn intelligence correspondent suzanne kelly. pretty shocking information from all we know. what else are you learning? >> right
about this fiscal cliff and compromise. allison kosik, thank you. i'm going to send things up to wolf blitzer. situation room begins right now. >>> plus, remarkable video of a very rare moment. president obama gets emotional to the point of wiping away tear the. we want to welcome our viewers around the united states and the world. i'm wolf blitzer and you're in "the situation room". >>> it is important breaking news this hour. the shocking resignation of the cia...